Gold $50/oz below TMM last quarter financial lossMore than half their remaining cash was spent last quarter and could be penniless this quarter. Another financing won't correct the uneconomic gold price that is why the mine is closing which needs north of $1300 to reopen according to CEO.
SPOT MARKET IS OPEN
closes in 7 hrs. 59 mins.
Nov 11, 2015 09:01 NY Time
Bid/Ask | 1087.40 / 1088.40 |
Low/High | 1086.10 / 1095.00 |
Change | -1.80 | -0.17% |
30daychg | -76.50 | -6.57% |
1yearchg | -75.50 | -6.49% |